Liquidators call on depositors to submit claims against oBike

They have also partnered with the LTA for the removal of the bicycles.

oBike liquidators encouraged previous depositors to submit claims against the platforms through a website, an announcement revealed.

“The provisional liquidators will review all claims and ensure that any distribution made to oBike users and other creditors of the company is done in a fair manner and in accordance with the law,” the announcement said.

According to them, no proposal has been received from the collective grop of shareholders and founders of oBIke despite the liquidators’ attempt to arrange a discussion. With this, they have decided to take in legal advice as well.

Also read: Users and investors left in limbo after oBike exit

The liquidators noted that they will use and retain oBike users’ personal data in order to conduct the settlement of bike-sharing’s affairs.

“The provisional liquidators will take all necessary steps to ensure that oBike continues to comply with its obligations under the Personal Data Protection Act in relation to its users’ personal data,” the announcement added.

Since July 5, the liquidators have been cooperating with the Land Transport Authority for the removal of the bicycles.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia